The Lennar unit settled claims that it falsely certified compliance with FHA mortgage insurance requirements
A Palo Alto office for more than 1,000 employees is set to open in 2020
A Hong Kong-based millionaire was absolutely horrified a few years ago, when he learned that his Malibu mansion was not 15,000 square feet like he thought when he paid $12.25 million in cash for it – so horrified, in fact, that he’s taking his agent and the brokerage to court. Again.
Stearns Lending and a West Coast-based homebuilder have entered into an agreement to form a mortgage company set to be fully deployed by mid-2015.
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.
Are banks overly regulated? Jamie Dimon, CEO of the largest bank by assets, said the overlapping efforts by U.S. regulators have placed banks “under assault.”
An upcoming competitor for non-bank mortgage companies could be credit unions, as the group has quadrupled their market share since 2006.
How Mat Ishbia went from winning an NCAA championship to heading one of the nation’s top wholesalers – and he did it by taking what he learned on the court into the boardroom